17) According to the Mundell–Fleming model, under:
A) floating exchange rates, a monetary expansion raises income whereas a fiscal expansion does not, but under fixed exchange rates, a fiscal expansion raises income whereas a monetary expansion does not.
B) both floating and fixed exchange rates, a monetary expansion raises income, but a fiscal expansion does not.
C) both floating and fixed exchange rates, a fiscal expansion raises income, but a monetary expansion does not.
D) floating exchange rates, a fiscal expansion raises income whereas a monetary expansion does not; but under a fixed exchange rate, a monetary expansion raises income whereas a fiscal expansion does not.

18) In the IS–LM model when taxation increases, in short-run equilibrium, in the usual case, the interest rate ______ and output ______.
A) rises; falls
B) rises; rises

C) falls; rises

D) falls; falls

19) If the LM curve is vertical and government spending rises by ΔG, in the IS–LM analysis, then equilibrium income rises by:
A) ΔG/(1 – MPC).
B) more than zero but less than ΔG/(1 – MPC).

C) ΔG. D) zero.

20) If MPC = 0.75 (and there are no income taxes) when G increases by 100, then the IS curve for any given interest rate shifts to the right by:
A) 100.
B) 200.

C) 300. D) 400.

21) The increase in income in response to a fiscal expansion in the IS–LM is:

A) always less than in the Keynesian-cross model.
B) less than in the Keynesian-cross model unless the LM curve is vertical.

C) less than in the Keynesian-cross model unless the LM curve is horizontal.

D) less than in the Keynesian-cross model unless the IS curve is vertical.

When interest rates rise firms want to borrow less for new plants and equipment and households want to borrow more for home-building.

Select one:

True

False

The sticky wage theory of the short-run aggregate supply curve says that when the price level rises more than expected, real wages fall because nominal wages are increasing at a slower rate than the price level.

Select one:

True

False

Suppose the economy is in long-run equilibrium. If there is an increase in consumer spending at the same time that a natural disaster adversely affects the availability of production inputs within the country, then in the short-run we would expect real GDP will fall and the price level might rise, fall, or stay the same.

Select one:

True

False

According to the AD/AS model, the elimination of a government mandated minimum wage that leads to a decrease in structural unemployment will cause the long-run aggregate supply curve to shift to the left.

Select one:

True

False

According to the AD/AS model, stocks and bonds are not included in aggregate demand but the purchase of new capital equipment by business is included.

Select one:

True

False

pick any issue or country and write about the US foreign policy

you need to asses us foreign policy towards any issue like war on terror or immigration or oil, the arab-Israeli-conflict, 600-800 words

1.) Fizzy Water Inc. and Bubbly Water Co. are Cournot competitors in the sparkling water industry. Let the output of each competitor be denoted by QF and QB, respectively. The demand curve for sparkling water is given by P = 422 - Q where Q = QF + QB. If each firm has a marginal cost of production equal to $56 what is the price level that will be charged in the market in equilibrium?

a.) 244 b.) 122 c.)366 d.)178

2.) You are the manager of Big Cats Real Estate which specializes in construction of luxury apartment buildings. Your marketing team informs you that the company has to choose an advertising strategy in order to compete with your largest competitor, C. Baskin Builders. You are given the following information:

If C. Baskin Builders runs an "aggressive" ad strategy and if you choose to run an "aggressive" strategy in response, your revenues will increase by $2,800,000. If you choose to run a "passive" ad strategy in response your revenues will increase by $1,900,000.

If C. Baskin Builders chooses to run a "passive" ad strategy instead, your company would see revenues increase by $3,700,000 if you ran an "aggressive" ad strategy. Your revenues would increase by $2,900,000 if you ran a "passive" strategy in response.

Which of the following is true?

A.) Big Cats Real Estate should choose a mixed strategy in advertising to maximize payoffs.

B.) Big Cats Real Estate has a dominant strategy in "aggressive" advertising.

C.) Not enough information to answer this question.

D.) Big Cats Real Estate has a dominant strategy in "passive" advertising.

Please explain

Which curve shifts, and in what direction, when the following events occur in the local burrito shop market?

a. College students arrive back into town for the fall semester

b. Two more Chipotle restaurants open

c. Several pizza shops open

Linda and Alberto consume the same product. They have the following demand curves for this product:

Q _Linda = 500 – 10 P

Q _Alberto = 500 – 20 P

The marginal cost (MC) for the firm is $10.

• Calculate the prices when the firm discriminates between the two consumers. (15 points) Please explain how you got your answer.
• Is this a good strategy, or should the firm charge the same price to both of them? (10 points) Please explain how you got your answer.

write a paragraph relating the coronavirus epidemic to economics 202 as much as possible. thank you!

The modern American economy is large and complex. There is extensive
specialization of labor, which implies we all rely on others for most of what we consume. How
does economic theory picture the process of coordination of all the economic agents? What can
create coordination breakdowns? What can policymakers do to reduce the frequency and
severity of such breakdowns?

Is there a trade-off between economic growth and stabilization policy? That is, do
policy changes designed to mitigate the downturns in the business cycle have an effect on long-
run economic growth, either positively or negatively? Support your answer carefully.

"Cuban Missile Crisis"
· Rational Actor Model (RAM or Model 1)
· Organizational Behavior Model (Model 2)
· Governmental Politics Model (Model 3)
According to the following analytical models, Question:which model is mostly and widely used during the Cuba Missile crisis ?

Question 2

Briefly explain Allison's three Models of Foreign Policy Analysis
· Rational Actor Model (RAM or Model 1)
· Organizational Behavior Model (Model 2)
· Governmental Politics Model (Model 3)

Since 1880, U.S. real per capita GDP has increased at an annual average rate of 2%.
But, there are almost constant fluctuations about that 2% growth rate. What important factors
affect the growth rate and what important factors affect the fluctuations? What can
policymakers do to alter the growth rate or to moderate the fluctuations? If you were economic
czar, how would you conduct economic policy?

A democratic political system is an essential condition for sustained economic growth. Discuss

I need examples of

1. falsely stating the source of goods or services.

2.Advertising goods with intent not to supply reasonably expectable demand, unless the advertisement discloses a limitation of quantity.

3.Misrepresenting the authority of a salesperson, representative, or agent to negotiate the final terms of a transaction with a consumer.

India and Nigeria are both former British colonies characterized by extreme divisions. Why was India relatively more successful in its process of democratization than Nigeria?

1.When looking at the law of demand, you will find that this is an inverse relationship between price and quantity demanded. How do you relate the law of demand to a recent purchase that you have had to make?

2.When looking at prices, you will find that they are always changing in our economy. Why do you think this is important to evaluate for our economy?